Tuesday, April 1, 2008

The New Great Depression

http://www.independent.co.uk/news/world/americas/usa-2008-the-great-depression-803095.html

Leave it to a British newspaper to report a sad truth that the American corporate media largely ignores. It is estimated that 28 million American will receive food stamps this year, an all time high and up a million and a half from 2007. That's nearly one in ten of us. And yet on the day this story appeared the American stock markets rose over 3%, essentially declaring the credit crisis over.

Further proof that there are two realities in America today. One for the elite. And one far less rosy for the rest of us.

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